Economic and Trade Information on China
Latest Development China’s GDP grew by 6.8% in the last quarter of 2016. The added-value industrial output grew by 6.3% in Jan-Feb 2017, up from 6% in December 2016. Fixed assets investment grew by 8.9% in Jan-Feb 2017. Retail sales increased by 9.5% (8.1% in real terms) in Jan-Feb 2017. Inflation went down to 0.8% in February 2017 from 2.5% in January 2017. In February 2017, exports (in terms of US$) dropped by 1.3%, while imports (in terms of US$) increased by 38.1%, resulting in a trade deficit of US$9.1 billion. The Manufacturing Purchasing Managers’ Index went up to 51.6 in February 2017 from 51.3 in January 2017. Major Economic Indicators 201 6 Jan-Feb 2017 Value Growth (%) Value Growth (%) Area (sq km, mn) 9.6 — 9.6 — Population (mn) 1,382.7 — 1,382.7 — Gross Domestic Product (RMB bn) 74,412.7 6.7 1 — — Urban Per Capita Disposable Income (RMB) 33,616 5.6 1 — — Rural Per Capita Disposable Income (RMB) 12,363 6.2 1 — — Fi...